We are EUROPEAN MERCHANT BANK - contemporary bank with a human touch.
We combine the best face-to-face banking consultancy with the speed and flexibility that digital banking brings. Following our vision - Banking for Growth, EUROPEAN MERCHANT BANK will focus on delivering contemporary accessible financial products to SME’s, FinTech’s & Entrepreneurs.
We are looking for an AML Specialist / Senior Specialist in Transaction Monitoring and Screening Team to work in Vilnius office who will be responsible for reviewing and analyzing account transactions to detect money laundering and terrorist financing activities and report these activities, if any, to appropriate authorities. Also, to ensure that we are compliant with AML/CTF and International Sanctions policies, national and international regulations and industry guidelines.
Responsibilities:
• To investigate, analyze and resolve transaction monitoring and screening alerts,
• To collect, review and verify documentation and information about the customer,
• To review and analyze customer profiles and account activities to identify and report any suspicious activities or transactions to the appropriate authorities,
• To assist in preparing regulatory and internal reports in AML/CTF area meeting deadlines and report requirements,
• To assist in periodical review and testing of transaction monitoring and screening tools to ensure their correct functionality,
• To provide insights and suggestions in order to make transaction monitoring and screening operations more effective,
• To follow up the national and international regulations in AML/CTF and International Sanctions and assist MLRO in implementing these to the Bank’s processes, products and activities,
• To contribute to the development and update of the internal policies and procedures in AML/CTF area and oversee the implementation of those policies and procedures under guidance of MLRO,
• To support colleagues from other departments in relation to AML/CTF and International Sanctions issues.